Louisville's Steel Ranch development to include townhomes, luxury apartments

Louisville s Steel Ranch development off of Colo. 42 will include the Overlook at Steel Ranch 58 townhomes by Boulder Creek Builders, with construction slated to begin in 2013 plus 68 patio homes and, in the illustration shown here, the 228-unit North Main at Steel Ranch luxury apartments. (Confluence Companies )

LOUISVILLE -- The Steel Ranch development, located on the west side of Colo. 42, north of South Boulder Road, has taken off.

In one year, 50 of Boulder Creek Builders' 68 patio homes slated for the community on Paschale Drive have sold.

"I think we would have been pleased if it sold out in three to four years," said Boulder Creek Builders principal David Sinkey, noting that he anticipates the rest of the homes will sell inside of two years.

The Louisville-based builder debuted its first model home in November 2011.

In addition to the patio homes, Boulder Creek is set to erect 58 townhomes beginning in 2013, in a sector called Overlook at Steel Ranch.

"It's gone so much faster than we expected and it allows us to bring a variety of products and a variety of pricing (to Louisville)," Sinkey said.

The townhomes will consist of nine six-plexes and one four-plex.

The six-plexes include a row of four two-story townhouses, flanked by a ranch-style patio home similar to the original patio homes in the development.

Sinkey said the Overlook townhomes will sit on green belts and each are built with a front terrace and two-car garage with storage. Each one -- which will range from 1,950 to 2,500 square feet -- will come with the option of two bedrooms with a loft. He anticipates a model home will be built in late April.

The original 68 ranch-style patio homes, geared toward empty-nesters or those looking to downsize, feature "main floor living" with the master bedroom, kitchen, living room, foyer and laundry room all on the main floor.

Those are priced in the mid-$400,000 to low $600,000 range, while Sinkey anticipates the townhomes at a lower price point, in the mid-$300,000 to low $400,000 range, depending on the market.

Walking paths wind their way through the development and Boulder Creek has plans to build bike lanes along the streets within Steel Ranch that will connect to downtown Louisville's Main Street via South Boulder Road.

Two parks -- Cowboy Park and Steel Ranch Park -- already are constructed in the development.

Ryland Homes also is building single-family homes at Steel Ranch, which include three ranch-style floor plans and seven two-story floor plans that don't include formal living rooms and a few with formal dining rooms that target families on the go.

Steel Ranch will certainly include a variety of living spaces to choose from -- along with Boulder Creek's patio homes and townhomes, Golden-based Confluence Companies last month closed on the property in which 228 apartment units are slated to be built, Sinkey said.

Confluence Companies officials did not return phone calls.

According to Confluence's website, the "luxury multifamily" apartment buildings, called North Main at Steel Ranch, will be owned, built and developed by Confluence. Confluence Companies budgeted $36 million for the project with an anticipated completion date of spring 2013.

According to the website, North Main at Steel Ranch will include a year-round, outdoor 25 yard lap pool, outdoor fire pits, pet and bike washing facilities and BBQ grills in a park-like setting.

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